Financial Snapshot
- Long Term Rental approx. $640$680/week
- Short Term Letting net income approx. $2,200$2,500/month (higher during BCEC & Gabba events)
- Leaseback (Rental Guarantee): approx. $2,300/month net no commissions, advertising, or vacancy fees
- Body Corporate (Admin + Sinking + Insurance): approx. $8,293/year ( $159/week)
- Council Rates: approx. $3,048/year ($508 billed every 2 months)
- Water Rates: approx. $888/year ($222 per quarter)
Location Highlights:
- Cultural & Lifestyle Precinct: Walk to South Bank Parklands, QPAC, Queensland Museum, and Brisbane Convention & Exhibition Centre
- Entertainment: Minutes to The Gabba for AFL, cricket, and upcoming 2032 Olympic events major driver of short-term demand
- Employment & Education Hub: Close to Mater Hospital, Princess Alexandra Hospital, and major universities (UQ, QUT, Griffith South Bank campus)
- Transport: Excellent public transport with South Bank train station, busway, and ferry terminals all nearby; CBD only ~2km away
- Dining & Shopping: Surrounded by West End cafes, South Bank restaurants, and city shopping precincts
Property Features
- 1 bedroom, 1 bathroom ideal for professionals, students, or couples
- Fully furnished and move-in/investment ready
- Open-plan living with air-conditioning and ceiling fans
- Secure complex with on-site management and lift access
- Onsite facilities including pool, gym, and day spa
Why This Investment Stands Out
1. Versatile Income Strategies choose from three rental paths: secure a long-term tenant, take advantage of the thriving short-stay market, or lock in a guaranteed net rent via the leaseback program.
2. Strong Yields in a Tight Market
Annual unit price growth has averaged approx. 10% over recent years (Your Investment Property Magazine, ***)
3. Affordable Entry Point one of the most competitively priced inner-city units, giving investors exposure to a blue-chip location without the usual price tag.
Investor Appeal Summary
- Flexible income options: long-term rent, short-term letting, or leaseback guarantee
- Independent rental appraisal of approx. $640$680/week confirms strong tenant demand
- Low vacancy environment (Brisbane's vacancy rate sits near 1%) ensures consistent occupancy
- Major infrastructure and events (Cross River Rail, Gabba Olympics upgrade) set to boost future capital growth
- Truly set-and-forget opportunity with professional onsite management
Disclaimer
Every effort has been made to ensure accuracy, however buyers should conduct their own due diligence (inspection, independent valuation, financial checks). This property is marketed without a price guide in compliance with Queensland legislation. Rental estimates and outgoings are approximate and indicative only, not a guarantee of future performance. Some images used contain digital furniture for illustrative purposes only.
